financial inclusion

FICO and TransUnion Team to Improve Credit Access in Kenya
FICO and TransUnion Team to Improve Credit Access in Kenya
February 18, 2025  |  Partnerships

FICO and TransUnion Kenya partnered to broaden access to credit in Kenya. “By leveraging enriched data and analytics, lenders can now make more informed decisions,...

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New York Expands Program to Support Access to Financial Services
New York Expands Program to Support Access to Financial Services
February 05, 2025  |  Banking

The New York towns of Neversink and Denning have been approved as a Banking Development District (BDD), a designation that is meant to support access to...

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Visa Invests in Moniepoint to Unlock Africa’s Small Business Potential
Visa Invests in Moniepoint to Unlock Africa’s Small Business Potential
January 23, 2025  |  SMBs

Visa is betting that Nigerian FinTech Moniepoint will accelerate growth for small- to medium-sized businesses (SMBs) in Africa. The global payments giant invested in the...

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Bank of America’s Take on Latin America’s Digital Payments Advantage
Bank of America’s Take on Latin America’s Digital Payments Advantage
January 13, 2025  |  Digital Payments

Digital payments are growing in Latin America as companies like Mercado Libre and TerraPay rapidly advance digital banking and digital wallets in the region. Central...

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MoneyLion and MrBeast Partner on $4 Million Financial Literacy Competition
MoneyLion and MrBeast Partner on $4 Million Financial Literacy Competition
December 19, 2024  |  Partnerships

MoneyLion launched a partnership with YouTube superstar Jimmy Donaldson, better known as “MrBeast.” The FinTech is partnering on “Beast Games,” a new competition series by...

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Upbound to Add Financial Wellness Solutions With Brigit Acquisition
Upbound to Add Financial Wellness Solutions With Brigit Acquisition
December 13, 2024  |  Acquisitions

Upbound Group, the owner of the Rent-A-Center and Acima brands, agreed to acquire financial health technology company Brigit for up to $460 million. The planned...

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Only 4% of US Households Are Unbanked
Only 4% of US Households Are Unbanked
November 12, 2024  |  Consumer Insights

The percentage of households in the United States that are unbanked declined to a record low in 2023. At 4.2% of U.S. households, or 5.6...

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CEO Interview: Pay-as-You-Go Options Help LatAm Consumers Battle ‘Prepaid Fatigue’
CEO Interview: Pay-as-You-Go Options Help LatAm Consumers Battle ‘Prepaid Fatigue’
November 11, 2024  |  Mobile Wallets

In Latin America, where many consumers are unbanked or underbanked, roughly three-quarters of consumers don’t have credit cards, so prepaid cards are widely used to...

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Visa Invests in Four African FinTech Startups From Accelerator Program
Visa Invests in Four African FinTech Startups From Accelerator Program
November 06, 2024  |  VISA

Visa is injecting fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The investments highlight Visa’s...

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